Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»As the cryptocurrency market remains weak, Bitcoin and Ethereum are underperforming.
ALTCOIN NEWS

As the cryptocurrency market remains weak, Bitcoin and Ethereum are underperforming.

By Crypto FlexsMay 15, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
As the cryptocurrency market remains weak, Bitcoin and Ethereum are underperforming.
Share
Facebook Twitter LinkedIn Pinterest Email
  • Bearish sentiment dominated the cryptocurrency market.
  • BTC and ETH led the decline with lower price trends.

While holders of certain meme coins have been enjoying significant gains recently, the broader cryptocurrency market appears to be sluggish.

Recent data indicates that there is widespread negative sentiment in the market and an upward trend is likely in the near future.

However, market capitalization is currently on the decline, with the value of major assets falling over the past 24 hours.

Negative sentiment dominates the cryptocurrency market

AMBCrypto’s analysis of weighted sentiment in the cryptocurrency market, focusing on large-cap assets such as Bitcoin (BTC), Ethereum (ETH), and Binance BNB, revealed a dominant negative sentiment at press time.

that much st tly The charts showed bearish sentiment across the market from May 8th to 14th.

A similar overall bearish pattern was observed from April 10th to 16th and from March 13th to 19th.

At press time, Ripple had the lowest weighted sentiment, closely followed by Bitcoin as the second lowest.

Cryptocurrency Market Weighted Sentiment

Source: Santiment

Decrease in cryptocurrency market capitalization

AMBCrypto’s examination of cryptocurrency market data from CoinMarketCap shows that market capitalization has declined over the past 24 hours.

At the time of writing, its market capitalization has decreased by more than 1.3% to approximately $2.27 trillion. Despite this decline, trading volume soared, increasing more than 27% to approximately $68 billion.

Moreover, the Fear and Greed Index was 55 at press time, reflecting neutral sentiment. But it seemed like I was getting closer and closer to fear.

This decline in market capitalization is due to the poor performance of major assets such as Bitcoin and Ethereum in recent hours.

Bitcoin and Ethereum remain weak despite their growth.

AMBCrypto’s analysis of Bitcoin price trends over daily time frames shows that the rebound attempt has been frustrated.

The decline began on May 14th when the price fell more than 2%, bringing the price back to the $61,000 region.

However, as of this writing, Bitcoin is up more than 2%, trading above $62,000 once again.

Bitcoin Price TrendBitcoin Price Trend

Source: TradingView


Read Ethereum (ETH) price prediction for 2024-25


Likewise, Ethereum experienced a drop of more than 2% in the previous trading session, settling around $2,800. Nonetheless, at the time of writing, it has rallied more than 1% to trade at around $2,900.

Despite these fluctuations, both assets maintained a bearish trend, contributing to the overall bearish sentiment in the cryptocurrency market.

Ethereum price trendEthereum price trend

Source: TradingView

Next: PEPE Price Prediction: 20% Rally or 25% Drop, What’s Next?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Trump memoin is faced with a $ 520m lock in July and the price drops by 85%.

June 7, 2025

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025
Add A Comment

Comments are closed.

Recent Posts

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

The Foresight Ventures report shows a collection shift where more than 32,000 sellers around the world accept encryption.

June 7, 2025

$ AB is live on Binance, guiding the new era of new cross chain asset mobility.

June 7, 2025

Trump memoin is faced with a $ 520m lock in July and the price drops by 85%.

June 7, 2025

Vaneck launches GPZ ETF for alternative asset managers.

June 7, 2025

Apple, X, Airbnb Eye Stablecoin Integration

June 7, 2025

Strategy to raise almost $ 1B by STRD priority proposal for BTC accumulation

June 7, 2025

Hash research CEO is appointed chief policy officer at the presidential office

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025
Most Popular

Former FTX CEO Sam Bankman-Fried Files Appeal, Seeks Retrial

September 13, 2024

Sam Altman, Satya Nadella Join High-Performance AI Safety Committee for Department of Homeland Security

April 27, 2024

Is Vitalik Buterin’s $10M Ethereum Sale Bad News for ETH Bulls?

September 1, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.